Q&A session with E-mini Executors. We appreciate all who sent in questions. We also got some great questions that were not recorded but we will answer them again on next weeks show. If you have any questions please feel free to send an email or tag a tweet with #eminix. We would really appreciate your… Continue Reading
Monthly Archives: June 2011
What is the worst that can happen?
This is a follow up to yesterday’s post about not pulling your trigger. I cannot express enough how difficult it is to trade if you are using money that you need to pay the bills. Some people love that pressure but I think it is too much, especially for those just starting their career. If… Continue Reading
Not pulling the trigger is losing for the right trader.
I want to make it clear that the explanation below does not apply to every trader. Having a trading account does not make you eligible to pull the trigger. Prerequisites for pulling the trigger: A trading plan, consisting of a set of rules applied to a strategy. Trading with risk capital. Willing to do the… Continue Reading
(Video) Jack Schwager Winning Methods of the Market Wizard
Part 1- Trade your personality, systems that do not fit the person fail, have a plan, and be dedicated. Part 2- No easy money, short term success is 50/50, good trading is effortless, and know where you are wrong. Part 3- Time frame matters, important to be confidence, losing is part of the game, and… Continue Reading
Infographic: Forex Market Basics
Today’s infographic, courtesy of the Forex market. Because 24hr markets, commission free, and 200:1 leverage is such a great idea. (Hint: I don’t think it is.) Source: http://dailyinfographic.com/the-forex-market-explained-infographic We would really appreciate your feedback, if you like, hate, or think we are full of crap. Please leave a comment, a voice mail (312) 725-9121, email… Continue Reading
Discipline is quantifiable.
There are steps in trading that you want to do and things that you have to do. The steps you have to do is discipline. There are two disciplines that come with trading. One is disciplined is related to doing the work. You must be willing to prepare, get your chart eyes. Spend time in front… Continue Reading
How meeting Dr. Pearlman forced me to change.
Having a common interest is trading and markets has given me an opportunity to meet many people. I first met Philly P and Josh Brown for lunch in Chicago the day of the Stocktwits Roast. Besides the fact that Josh was eating “healthy” by ordering chicken fingers for an appetizers and eating a turkey burger… Continue Reading
Happy Fathers Day
Although my father never told me a story like the one below, I can relate to having a father like that. I am fortunate to have a hard ass father because it allowed me to have more choices later on in life. At the time it was painful but it is being repaid many times… Continue Reading
Q&A June 15th we talk equipment, getting stopped out, and reversing.
We talk equipment, remember trading is a business and for every dollar you spend you have to make it back. For monitors I recommend checking out tigerdirect.com and do a google search for monitor stands. You can pay $30-$350 for dual. Not all stops outs are created equal and that is where market awareness becomes… Continue Reading
My favorite trading quotes/advice.
Below is a list of trading quotes that have come in handy to me over the years. Quotes from famous investors/traders: If you want to have a better performance than the crowd, you must do things differently from the crowd. – John Templeton It’s not whether you’re right or wrong that’s important, but how much… Continue Reading
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